Taxes
Swiss See Opening for Tax Competition as G-20 Talks Advance
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Global proposals to make multinational corporations pay more tax haven’t yet tackled deductions, leaving Switzerland and other low-tax countries room to maneuver.
“Calculation of taxable profit has to happen according to international rules, and these haven’t been decided yet,” Swiss Finance Minister Ueli Maurer said after attending a meeting of Group of 20 finance chiefs in Venice.